TikTok generated an estimated $4.6 billion revenue in 2021, a 142% increase year-on-year.We have collected data and statistics on TikTok. It is expected to surpass 1 billion monthly active users by the end of 2021. However, President Trump’s executive order has been canned by the Biden Administration.Įven with the slowdown in downloads due to India’s ban and both Facebook and Snapchat launching clones of TikTok, the app remains one of the fastest growing in the world. TikTok also faced having to sell its operations in the US to a holding company, which would have been controlled by Walmart and Oracle. India upheld the ban in January 2021, which has led to several other TikTok-clones taking over market share in the country.
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